Thursday, December 08, 2016 12:26 PM |
Anonymous

For the fourth straight year, Portland has seen rental price increases by more than 5 percent, according to the Portland Housing Bureau's second annual State of Housing report, set to be released to City Council tomorrow. Read more...

Monday, October 03, 2016 2:47 PM |
Anonymous

Thursday, October 20th from 3:00-5:00pm at First United Methodist Church, 1838 SW Jefferson, Fireside room. The location is near the Goose Hollow Max stop and bus lines. The church parking lot entrance is at SW 18th & Clay.There will be a brief discussion about the Welcome Home Coalition led by coalition director Jes Larson. The main presentation is on Hot Topics in Fair Housing. Diane Hess of the Fair Housing Council of Oregon will lead the presentation. Audience questions will follow the presentation.

Thursday, August 25, 2016 2:04 PM |
Deleted user

Back in July, Oregon Metro put together an excellent "regional snapshot" of ongoing growth in Portland, and what it means. "How it is measured? How do you gauge how those benefits and burdens are being distributed?"

Tuesday, July 05, 2016 10:36 AM |
Deleted user

Portland's excise tax on both commercial and residential projects worth more than $100,000 in value will assist in building housing for those city households making less than 80% of the national median income, but there is concern on the part of local real estate professionals about the long-range effect of the new law.

The limited availability of buildable land in Portland, Realtor Nick Krautter told Forbes, shouldn't affect the pace of building activity in the short-term, but if out-of-state buyer demand starts to drag, inventory significantly increases or interest rates go up, the new tax could result in a new-project slowdown. In addition, he said, the extra cost to builders and general contractors will result in higher prices for their customers.

Portland made the National Association of Realtors' Top 10 list of the best real estate markets for millennials last month because it, as with the other ranked metros, had a high percentage of millennials already living there, good job opportunities and, generally speaking, a lower income needed to qualify for a mortgage. However, even though the city might be millennial-friendly, it is still becoming one of the most expensive. According to March's 20-city S&P/Case-Shiller national Home Price Index, Portland home prices increased the most that month, at 12.3%.